<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
   This schedule contains summary information extracted from the Mason-Dixon
Bancshares, Inc. March 31, 1998 financial statements and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK>                          0000879558
<NAME>                         MASON-DIXON BANCSHARES                        
<MULTIPLIER>                                   1
<CURRENCY>                                     US
       
<S>                                           <C>            
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              DEC-31-1998
<PERIOD-END>                                   MAR-31-1998
<EXCHANGE-RATE>                                1
<CASH>                                         17,483,000
<INT-BEARING-DEPOSITS>                          1,234,000
<FED-FUNDS-SOLD>                               33,675,000
<TRADING-ASSETS>                                        0
<INVESTMENTS-HELD-FOR-SALE>                   198,264,000
<INVESTMENTS-CARRYING>                        249,062,000
<INVESTMENTS-MARKET>                          446,569,000
<LOANS>                                       504,611,000
<ALLOWANCE>                                    (8,461,000)
<TOTAL-ASSETS>                              1,053,226,000
<DEPOSITS>                                    668,142,000 
<SHORT-TERM>                                  118,489,000 
<LIABILITIES-OTHER>                            10,602,000
<LONG-TERM>                                   179,011,000
<PREFERRED-MANDATORY>                                   0
<PREFERRED>                                             0
<COMMON>                                        5,083,000
<OTHER-SE>                                      1,904,186
<TOTAL-LIABILITIES-AND-EQUITY>              1,053,226,000
<INTEREST-LOAN>                                11,959,000
<INTEREST-INVEST>                               1,178,248
<INTEREST-OTHER>                                  284,015
<INTEREST-TOTAL>                               19,678,000
<INTEREST-DEPOSIT>                              6,192,000
<INTEREST-EXPENSE>                             10,446,000
<INTEREST-INCOME-NET>                           9,232,000
<LOAN-LOSSES>                                     317,000
<SECURITIES-GAINS>                                311,000
<EXPENSE-OTHER>                                 7,962,000
<INCOME-PRETAX>                                 2,511,000
<INCOME-PRE-EXTRAORDINARY>                      2,511,000
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                    2,511,000
<EPS-PRIMARY>                                        0.49
<EPS-DILUTED>                                        0.49
<YIELD-ACTUAL>                                       4.11
<LOANS-NON>                                     3,813,000
<LOANS-PAST>                                      244,000
<LOANS-TROUBLED>                                  214,000
<LOANS-PROBLEM>                                14,872,120
<ALLOWANCE-OPEN>                                5,231,000
<CHARGE-OFFS>                                      52,000
<RECOVERIES>                                       42,000
<ALLOWANCE-CLOSE>                               8,461,000
<ALLOWANCE-DOMESTIC>                            8,461,000
<ALLOWANCE-FOREIGN>                                     0
<ALLOWANCE-UNALLOCATED>                                 0
        


</TABLE>